Novogradac Products Center

The 2008 edition of the New Markets Tax Credit Handbook includes all of the latest information, rules and regulations to help understand the NMTC program, including 2008 guidance under Section 45D. The NMTC book also provides information on receiving and using the credits for the development, financing and compliance of an NMTC project. Inside the cover of this comprehensive and widely read book, you will find a thorough explanation of the program's structure and crucial terms, descriptions of pertinent statutory requirements, a discussion of credit allocation dates, credit recapture and generally accepted accounting principles. The 2008 edition includes a list of fifth-round allocatees, the latest reporting requirements, and information on NMTC projects financed through 2006.